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Firstfolio strengthens presence in high-growth Queensland markets
by Staff Reporter • 1 Nov 2007
ASX-listed Firstfolio Ltd has ramped up its sales and distribution presence in the north Queensland and Gold Coast... READ MORE
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Lenders to take rate rise in their stride
by Staff Reporter • 1 Nov 2007
A rate rise is not expected to have a significant impact on mortgage lending, Stephen Halmarick Citi director co-head... READ MORE
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Defaults rise across Australia
by Staff Reporter • 31 Oct 2007
Credit defaults have increased dramatically over the past 12 months as rising interest rates and income hardships hit... READ MORE
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Hunter credit unions merger shelved
by Staff Reporter • 31 Oct 2007
Plans for Hunter Valley-based Companion Credit Union, Hunter United Employees’ Credit Union and Phoenix Credit... READ MORE
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Macquarie RMBS attracts strong demand
by Staff Reporter • 30 Oct 2007
The PUMA Masterfund S-5 RMBS transaction – the first Australian RMBS consisting entirely of stated income loans... READ MORE
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Wide Bay launches $56.6 million takeover bid for Mackay Permanent
by Staff Reporter • 30 Oct 2007
Wide Bay Australia yesterday announced an off-market takeover bid for Mackay Permanent Building Society (MPBS). READ MORE
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Staff, product cuts to safeguard Pepper?s future
by Staff Reporter • 29 Oct 2007
Pepper Homeloans has shelved two products and axed 19 staff members in the past two weeks as jittery capital markets... READ MORE
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Low doc loans still popular despite rate increases
by Staff Reporter • 29 Oct 2007
The low doc loan market grew by 26 per cent to reach $8.4 billion last year, despite being hampered by surging... READ MORE
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Mortgage Business unveils new print magazine and daily updated news...
by Staff Reporter • 29 Oct 2007
Mortgage Business today announced the launch of its print publication, which will hit desks across Australia over the... READ MORE
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Pepper Homeloans defies sub-prime meltdown speculation
by Staff Reporter • 27 Oct 2007
Pepper Homeloans confirmed a record pricing for its Residential Securities Trust No. 6 (PRS6) non-conforming issue,... READ MORE
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Sub-prime bomb stoppable with risk analysis
by Staff Reporter • 26 Oct 2007
The US sub-prime contagion was predictable ten months before it occurred if banks fund managers and insurers had... READ MORE
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GMAC-RFC pilot program takes flight
by Staff Reporter • 26 Oct 2007
Selected brokers from the FAST, Astute and The Mortgage Professionals aggregation groups will take part in... READ MORE
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MFAA and Pisces join LIXI board
by Staff Reporter • 25 Oct 2007
The Lending Industry SML Initiative (LIXI) has appointed the MFAA and Pisces Group to its board at an annual general... READ MORE
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CPI figures point to pending rate rise
by Staff Reporter • 24 Oct 2007
The September quarter’s CPI figures indicated a 0.7 per cent rise in headline inflation for an annual rate of 1.9 per... READ MORE
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Homepath?s profits squeezed by credit slump
by Staff Reporter • 24 Oct 2007
Commonwealth Bank of Australia’s internet-based direct lending arm Homepath has reported a net profit loss of... READ MORE
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Housing shortage could fuel inflation
by Staff Reporter • 23 Oct 2007
The lack of new housing in Australia coupled with an influx in migration is piling pressure on the nation’s... READ MORE
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Australian lenders maintain fight against money laundering, terrorism...
by Staff Reporter • 23 Oct 2007
Australia will strengthen its fight against money laundering and terrorism financing through the introduction of a... READ MORE
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Appointments: The Brokerage welcomes new player
by Staff Reporter • 22 Oct 2007
National aggregation firm The Brokerage has recruited ex-rugby league professional Joel Caine as head of key accounts... READ MORE
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Surging rents will swallow tax cuts
by Staff Reporter • 21 Oct 2007
Low vacancy rates and housing affordability issues will see the Federal government’s promised tax cuts eaten by... READ MORE
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Hunter credit unions join forces
by Staff Reporter • 17 Oct 2007
Three Hunter Valley-based credit unions have announced plans to merge. READ MORE
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Australian First Mortgage reports healthy returns
by Staff Reporter • 16 Oct 2007
Australian First Mortgage (AFM) has reported a profitable end to the 2007 financial year. Overall the business... READ MORE
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CBA pass on 50bp to consumers
by Staff Reporter • 15 Oct 2007
CBA recently bumped up its quarterly Line of Credit reference rate by a hefty 50 basis points. READ MORE
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Markets could recover by Christmas
by Staff Reporter • 15 Oct 2007
Tightening global liquidity has rattled Australia's lending industry, with rising funding costs disrupting the... READ MORE
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Smartline taps into financial services sector for growth
by Staff Reporter • 12 Oct 2007
Smartline has announced plans to boost its national presence to 300 franchises over the next five years — and is... READ MORE
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A Northern Rock in Australia?
by Staff Reporter • 4 Oct 2007
As funding costs continue to rise, some are questioning whether Australian lenders are vulnerable to the same fate as... READ MORE